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Celsius News
The collapse of Celsius Network sent shockwaves through crypto lending, making Celsius news crucial for investors tracking bankruptcy proceedings and legal disputes. Once a major player in yield-generating crypto accounts, its downfall raised concerns about centralized lending risks. Ongoing developments continue to shape the future of lending platforms in crypto.
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Ionic Digital jumps 26% in Nasdaq debut
Latest Celsius News
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Former Celsius CEO Alex Mashinsky has agreed to a lifetime ban from the cryptocurrency, securities, and commodities industries under a New York settlement carrying up to $35 million in conditional payments. New York Attorney General Letitia James announced the agreement…
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Chainalysis defeated 15 Celsius claims, but a judge kept alive an aiding-and-abetting case tied to a disputed $3.3B asset “audit.”
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Celsius Network’s bankruptcy estate has sued BitMEX for the return of 6,360.17 Bitcoin, worth about $495 million, over forced liquidations carried out during the March 2020 COVID market crash. The complaint, filed on Sep. 12 in the U.S. Bankruptcy Court…
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Ionic Digital rose 26% from its opening price to close at $62.90, valuing the Celsius-linked Bitcoin miner near $2.8 billion.
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Ionic Digital has secured SEC approval for its registration statement, clearing the final regulatory hurdle before its planned Nasdaq direct listing on July 28. According to a company statement issued Monday, the digital infrastructure operator expects its Class A common…
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Bitcoin
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Celsius co-founders Shlomi Leon and Nuke Goldstein will pay $6.5M to settle FTC claims over alleged false statements about customers' funds.
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Ionic Digital seeks U.S. Nasdaq direct listing under IOND as Celsius-linked miner pivots to AI leases and gives creditors market access.
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Bitcoin
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U.S. CFTC permanently banned Alex Mashinsky from regulated trading, closing its Celsius case while SEC claims and sentence challenge continue.
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Beyond attacking the process that put him behind bars, Alex Mashinsky is now trying to recast Celsius’ collapse as an FTX‑driven hit job, even though he already confessed to manipulating CEL himself. Beyond attacking the process that led to his…
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Former Celsius executive Roni Cohen-Pavon has been sentenced to time served by a U.S. federal judge nearly three years after authorities charged him in connection with the crypto lender’s collapse and manipulation of its CEL token. According to proceedings held…
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Federal prosecutors have urged a U.S. court to grant a reduced sentence to former Celsius executive Roni Cohen-Pavon, citing his cooperation in the case against the company’s founder. According to a letter filed Monday in the U.S. District Court for…
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Celsius founder Alexander Mashinsky has agreed to a settlement with the Federal Trade Commission that bars him from promoting asset-related products and ties a $10 million payment to a much larger suspended judgment. According to the Federal Trade Commission, the…
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Tether has reached a settlement in the Celsius bankruptcy lawsuit, with the stablecoin issuer paying $299.5 million to settle all issues related to the case. Blockchain Recovery Investment Consortium, a joint venture between GXD Labs and VanEck, disclosed the settlement…
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Celsius repayment update — crypto lender starts $220.6M third payout, bringing creditor recovery close to 65%.
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Bitcoin
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Bitcoin traders are pricing in higher volatility into June and July, defying the usual summer slowdown, analysts say. Crypto traders might want to cancel their summer vacations as options markets are flashing signs that the coming months could be anything…
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Bitcoin
Recap
Today’s edition of the weekly recap covers Ethereum’s successful Pectra activation, Binance, Coinbase, stablecoin legislation and Doodles’ ecosystem expansion. CZ begins Trump pardon application process Coinbase buys Deribit, Armstrong says ‘no’ to Saylor’s strategy Ethereum revamp GENIUS Act rejected Steak…
